Grizzly Athletic Association
- Assets
- $5.3m
- Revenue
- $2.7m
- Investments
- $1.1m
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 09/1984
- Data as of
- 06/2023
- EIN
- 81-0407200
Organization Overview
Grizzly Athletic Association is located in Missoula, MT. The organization was established in 1984. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grizzly Athletic Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Grizzly Athletic Association generated $2.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $2.0m during the year ending 06/2023. While expenses have increased by 0.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIPS & PROMOTIONAL SUPPORT FOR THE UNIVERSITY OF MT. ATHLETIC PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO THE UNIVERSITY OF MONTANA ATHLETIC PROGRAMS. ATHLETIC PROGRAMS CONSIST OF FOOTBALL,MEN'S AND WOMEN'S BASKETBALL,TRACK,AND OTHER ATHLETIC PROGRAMS. MGSA PROVIDES SCHOLARSHIPS FOR 250 STUDENT ATHLETES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Brenner President | OfficerTrustee | 0.4 | $0 |
Steve Bryant Chairman Of The Board | OfficerTrustee | 0.4 | $0 |
Brian Hafner Director | Trustee | 0.2 | $0 |
Moose Petritz Director | Trustee | 0.2 | $0 |
Josh Larson Director | Trustee | 0.2 | $0 |
Rick Cunningham Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,921,313 |
| Noncash contributions included in lines 1a–1f | $19,248 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,921,313 |
| Total Program Service Revenue | $393,550 |
| Investment income | $834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,471 |
| Net Income from Fundraising Events | $397,415 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,710,641 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,484,629 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $182,219 |
| Compensation of current officers, directors, key employees. | $182,219 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,016 |
| Pension plan accruals and contributions | $24,467 |
| Other employee benefits | $39,105 |
| Payroll taxes | $17,235 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,238 |
| Fees for services: Other | $89,644 |
| Advertising and promotion | $6,680 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,037 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,525 |
| Insurance | $10,253 |
| All other expenses | $15,592 |
| Total functional expenses | $2,026,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,743,449 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $33,325 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $52,472 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,106,131 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,388,165 |
| Total assets | $5,323,542 |
| Accounts payable and accrued expenses | $12,477 |
| Grants payable | $0 |
| Deferred revenue | $389,394 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $226,205 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,127,472 |
| Total liabilities | $1,755,548 |
| Net assets without donor restrictions | $1,780,954 |
| Net assets with donor restrictions | $1,787,040 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,323,542 |